Recent content by finicky

My producers: NST, RRL, RMS, WAF, DCN* My developers/explorers: BC8, CHN, MBK* *don't recommend Worth taking on board as you make your decisions for 2020? My own current plan is to account for this possibility by trimming ~20% of my stock p/f value, including gold miners, by...

I've been nibbling at things during the past few days of the crash (ARS - goldie speculative, LNK - Link Admin Hldgs) and if I'd got up early enough today from a late night very likely would have topped up NST when it fell below $9 today as it is still rankles that I didn't get enough out of the...

I heard someone else mention this - my view is that the vigorous boost in the NST s.p compared to SAR is less to do with advantages NST got in the KCGM deal with Newmont, more to do with the positive Pogo update. Pogo was letting some of the air out my total confidence in management and I'm...

$11 share for $9 Collaboration of two companies to run Kalgoorlie superpit: SAR and NST - one knows pits the other underground. Both run by mining engineers out of West Australian School of Mines and have/ had senior roles with the School. Intimate with Kalgoorlie. Both roaring successes in...

CAT Deal In Feb’18 Minetec entered into an exclusive deal with Caterpillar (NYSE: CAT) to integrate its underground mining technology solution with CAT’s ‘Minestar’ product. The partnership with CAT provides an opportunity to accelerate the path-to-market of CDA’s UG mining technology...

Minetec is only an infant division of Codan, it's just beginning to be profitable. Lots of underground mines in the world, all looking for better safety and more profit margin, Caterpillar a global supplier. Might qualify for the phrase "long runway" although I cant quite get that metaphor really.

Don't know. Some use contracts for difference (CFDs) for the purpose, eg IG markets. Strongly recommend against them unless you're adroit - they're leveraged derivatives, you can lose a lot more than you put in ...

As Ipv6Ready has mostly covered, a mining reserve figure is not static and final, it is a running total. As reserves are mined they are subtracted from the reserve amount but conversely the much larger resource is being drilled to finer definition and some of it is being 'promoted' into the...

Chalice Gold Mines (CHN) Price has moved outside my best fit downtrend resistance rail. Short term (daily chart) rounding low formed under 15c level resistance. Two blips of higher daily volume. Company has a good story as background imo CHN Daily

Chalice Gold Mines (CHN) Bought 25,000 @ 17c and 15c Caution: An explorer spec. I like the name, it mentions gold and mines. Actually they don't mine but they have got their projects developed enough in the past to flog them off to miners, give some cash back to shareholders but still keep...

Integrated Research (IRI) just gave profit guidance for fy18 after market close. Revenue will be flat against fy17 and profit up only modestly 1-5% So confidently guessing the short term money won't like this and won't be leaving their money in a p/e = 25, p/b = 11 stock for a yoy growth result...

This company is doing a cap raising (placement and SPP) at 2.70 They can raise a lot of potentially highly productive money for little dilution at this price and there will still only be around 220m shares out there with not many options. I'm buying a few on market if the share price retreats...

BHP - daily bullish pennant? Could be starting breakout today. Recent hourly pattern of rallying in first hour then coasting rest of day. BHP Hourly

Omg this is grave. I only went to the Montgomery blog for a laugh again at how the crack Montgomery team of Jesuits squirmed out of their debacle of a Vita Group (VTG) recommendation. About to close the tab and thought I'd search if they'd said anything about Codan (CDA) and they had. Recently...

These things always get started about two years before I cotton on. Coal. Who would've thought of buying a coal mining company - especially thermal coal - a few years ago? Respect to those who have ethical objections to mining coal. Today you'd have a ten bagger if you'd been contrarian enough...